LG Cargo train, source: Lithuanian Railways

Lithuanian Railways will lose millions from EU sanctions on Belarus

Source: Lithuanian Railways

The Lithuanian Railways will lose approximately 24 million on yearly revenues due to the EU regulations imposing sanctions on Belarus. The losses concern the railway activities of LTG Cargo and LTG Infra that will see a reduction of 20 per cent in the transport of Belarusian fertilisers. Simultaneously, the oil products could reduce by half a million tons.

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Author: Nikos Papatolios

Nikos Papatolios is the Editorial Coordinator of RailFreight.com, the online magazine for rail freight professionals.

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Lithuanian Railways will lose millions from EU sanctions on Belarus | RailFreight.com
LG Cargo train, source: Lithuanian Railways

Lithuanian Railways will lose millions from EU sanctions on Belarus

Source: Lithuanian Railways

The Lithuanian Railways will lose approximately 24 million on yearly revenues due to the EU regulations imposing sanctions on Belarus. The losses concern the railway activities of LTG Cargo and LTG Infra that will see a reduction of 20 per cent in the transport of Belarusian fertilisers. Simultaneously, the oil products could reduce by half a million tons.

Do you want to read the full article?

Are you already a member?

Log in

Having problems logging in? Call +31(0)10 280 1000 or send an email to customerdesk@promedia.nl.

 

Author: Nikos Papatolios

Nikos Papatolios is the Editorial Coordinator of RailFreight.com, the online magazine for rail freight professionals.

Add your comment

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